Denmark expels two Huawei staff over work permit issues

Denmark has ordered the expulsion of two employees of Chinese telecoms giant Huawei because their residence and work permits were not in...

NEPRA approves 56 paisa per unit hike in power tariff

'Consumers will face a burden of approximately Rs4.2bn due to the increase' ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved Rs0.57...

Readymade garments export reaches $1.2bn in six months

ISLAMABAD: The exports of readymade garments earned $1.26 billion during the first half of the current fiscal year (2018-19), showing a growth of...

People to pay for gas they haven’t used

People complain of inflated gas bills in absence of full supply  Minister announces 'relief', says people with bills over Rs20,000 can...

Govt urged to safeguard local industry

'Govt should instruct all business-related departments to focus on resolving key issues of the industry' ISLAMABAD: Islamabad Chamber of Commerce and Industry President...

Price of Urea bag likely to be reduced by Rs200

ISLAMABAD: As the federal cabinet has reduced 50pc Gas Infrastructure Development Cess (GIDC) for eight sectors, including the fertilizer industry, the prices of...

General Tyres to set up $300m Faisalabad plant

CEO urges FBR to ensure that no tyre is sold in the market without proper documentation KARACHI: General Tyre and Rubber Company of...

Facilitation of exporters only way forward: Hammad Azhar

State minister says ill-conceived policies of the past govts had jeopardised the vibrant export industry of textile LAHORE: Minister of State for...

PIA to start direct flights between Faisalabad and Jeddah

FAISALABAD: Pakistan International Airlines (PIA) has decided to start direct international flights between Faisalabad and Jeddah from February 18. Talking to APP, District Manager...

Neelum-Jhelum Project starts power generation: WAPDA

'The project will supply 4.6bn units of inexpensive electricity to the national grid in 2019-20' A detailed inspection of Neelum-Jhelum power project has been...

Russian oil output down in January, misses global deal target

Rosneft, the world’s largest oil producer by output, reduced its production by 0.1 percent last month from December, while second-largest Russian oil producer Lukoil saw production cuts of 0.8 percent

Edotco planning to invest $250 million in Pakistan over next five years

Chairman Edotco Group said the company wanted to become a partner in Digital Pakistan Programme

Waiving taxes, duties on cotton imports to cost Rs29 billion to national exchequer: Report

This is in addition to an Rs25 billion gas subsidy extended to five zero-rated export-focused industries of which textile titans are the biggest beneficiaries

PLL successfully arranges additional LNG cargoes for March and April

Four LNG cargoes will arrive here in Pakistan in March and five are scheduled for the month of April to meet the energy requirements

Asian LNG prices dive to nine-month low on supply surplus

Spot prices for March delivery to Asia this week fell to $7.00 per million British thermal units (mmBtu), down $1 from the previous week, lowest since April 6, trade sources said